With the Government of Canada having put forward its framework for the legalization of recreational cannabis, cities across the country will be looking to capitalize on the marijuana economy and its associated jobs, investment, and tax revenue. Edmonton will be no different, and it’s about time we started thinking strategically about how to make our mark in this new industry.
We’re the closest major city to Alberta’s oil sands—the third-largest oil reserves in the world. Alberta’s oil sands are projected to generate nearly $1 trillion worth of capital and operating expenditures between now and 2030, and Edmonton will serve as the manufacturing, construction and transportation hub for much of that economic activity.
Edmonton is perfectly situated for success.
As a designated Foreign Trade Zone, Edmonton is the key transportation and supply chain hub for the energy, manufacturing and industrial sectors in Western Canada.
Edmonton International Airport is a major stop on trade routes to and from destinations around the world. Our newest trade routes through mainland China, Amsterdam and Iceland now make moving resources internationally easier.
Edmonton is the only city with direct flights to all major populated centres in the Yukon, Northwest Territories and Nunavut, home to billions of dollars in current and future mining investments.
The world wants what we’re making. And we’ve got proof.
These Edmonton companies have grown beyond our region and are successfully putting their products in the hands of customers around the world.
Headquartered in Edmonton, this global technology leader is developing and commercializing functionally active ingredients for human and animal health through the use of proprietary technology and renewable and sustainable resources.
The Little Potato Company
The Little Potato Company built its headquarters in Edmonton over 20 years ago. Still a family-run business, its firm is now opening a $20-million facility in the U.S., selling potatoes in grocery stores all over North America.
Siwin Foods produces high quality ready-to-eat and easy-to-prepare meal solutions, operating in a state of the art processing facility in Edmonton.
May 18th, 2017
April 18th, 2017
Despite recent drops in the price of oil to back below $50 per barrel, most analysts and forecasters are expecting that 2017 will be the year Alberta climbs out of recession. Indeed, several of the province’s economic indicators began to climb back towards pre-recession levels late last year – this doesn’t mean Alberta is back to where it was before oil prices started dropping in summer 2014, but things are no longer getting worse.
Innovation & Entrepreneurship
February 25th, 2017
The Alberta Aerospace and Technology Centre (AATC) is a direct effort to diversify our economy by creating a new knowledge-based cluster of economic activity in the Edmonton Metro Region that will attract new revenue, new business and new highly qualified people to Alberta.
Culture of Trade
February 18th, 2017
EEDC’s Trade and Investment division hosted leading e-commerce companies in Edmonton to meet with local export-ready companies interested in exploring the Chinese consumer market. The workshop was an opportunity for Edmonton businesses to understand e-commerce in China and opportunities with Alibaba to be a sourcing and export platform to do business with the rest of the world.
Culture of Trade
January 20th, 2017
The Alberta Motor Transport Association (AMTA) will begin construction of a new educational facility at Edmonton International Airport (EIA) in the summer of 2017. The new construction will include a nearly 20,000 sq. ft. facility with an adjacent five-acre test driving track, as well as also include a driving simulation trainer that will enable AMTA to conduct complete training for commercial drivers all in one location.
November 18th, 2016
On November 10, 2016, EEDC received $3-million in federal and provincial funding to pursue investment attraction for the Edmonton region. This investment program by EEDC’s government partners allows for a new focus on sector and geo-markets to bring investment to the Edmonton region, and the EEDC team is working to promote our region to the world.